Issue 47
Oil News
- SAUDI ARABIA ACHIEVES SEPTEMBER OUTPUT DROP TO QUOTA TARGET WITHOUT NEED FOR FORCE MAJEURE CUT
- GEC STATES REAFIRM COMMITMENT TO $17-19/B PRICE TARGET
- Norway Will Announce Production Decision by 1 October; Hints of Change in UK Position
- China Will Reduce Oil Exports in Support of OPEC, Says Iranian Oil Minister
- Qatar Cuts Volume of Term Contracts with Japanese Customers
- Libya to Reduce Output to OPEC Quota Level in September
- Iranian Oil Exports below 500,000 b/d
- New Light Crude Fields Tied in to Production Network
- First Phase of Iraq-Kuvait Gas Pipeline System to Come on Stream in September
- US Attempts to Impose New Sanctions against Libya
- Inaugaration of Pipe Fabrication Plants for Giant Water Project
- Umm al-Quwain Smelter Construction to Start early next Year
- Saaga Gas to Fuel Sharjah Cement Plant
- Kellogg/Technip to Convert Homs Ammonia Plant to Gas
- Publications Received
- Correction
Financial & Banking News
- OPEC Foreign Band Deposits Drop Sharply in First Quarter
- ABC Expands Spanish Network Acquires Dutch Firm
- Libyan Asset Freeze in Italy Includes Diplomatic Funds
- Spanish Banks Pull Out of Bahrain
- Saudi Cairo Finally Releases 1985 Results
- Mexico Gets First of the New Cash, Venezuela Backtracks
- IDB Approves $993mn in 1984/1985
- OFID Approves $14.68mn Aid Package
- FAO Provides Lebanon $5.4mn worth of Food Supplies